Bajaj Finance and Adani Transmission Exclude LIC from 10 Most Valuable Companies
Life Insurance Corporation of India, placed in India’s top 10 companies by market capitalisation, was replaced by Bajaj Finance and Adani Transmission, both of which...
Tag : infosys
Sensex Slumps Over 1,000 Points on Touch Love of Global Central Banks
On Monday, Indian stocks were in disarray as the Fed’s aggressive monetary policy spooked global financial markets. Global stock markets extended losses, and domestic equity...
Nifty50 Crosses 17,600 As Markets Start September F&O Series with a Bang
India’s stock benchmark held on to its opening gains after opening gains on Friday, tracking strength in global markets led by industry gains. Nifty50 entered...
TCS Falls as IT Pack Wary of Street Margin Issues, Variable Pay
Shares of Tata Consultancy Services (TCS) continued to be under pressure as the industry faced margin headwinds amid a split among brokers. At the same...
TCS to Roll Out 100% Variable Pay for Employees
On Tuesday, Tata Consultancy Services (TCS) said that it will pay out 100% variable pay for its 600,000 plus employees. The statement came days after...
The India Tech Stock Declines 2% As Macro Concerns Increase
The National Stock Exchange saw opening deals on Tuesday with shares of Indian IT service companies Infosys Ltd., HCL Technologies Ltd., Wipro Ltd., L&T Infotech,...
Infosys Cuts Average Variable Payout to 70% for June Quarter
IT major Infosys has decided to decrease the average variable payout of employees to 70% because of falling operating margins in the first quarter of...
Nifty50 Down 17,350 Led by Financial, IT and FMCG Shares
India’s stock market benchmark opened lower on Tuesday, the second day of its most significant drop in more than two months, weighed down by weakness...
Sensex, Nifty50 Edge Lower on Weakness In IT, Pharma Stocks
India’s stock market benchmark fell on Thursday, pulling back from a four-month high on weakness in IT, healthcare and oil and gas stocks. Globally, investors...
Sensex, Nifty Bounce Back After Days of Respite After RBI Policy
Equity benchmarks closed slightly higher on Friday after the Reserve Bank raised key interest rates to cool stubbornly high inflation and defend the rupee. Traders...